Mobistar Q1 2008 results

Mobistar's customer base continues to grow

Brussels - 15 April  2008 - At  the end of  March 2008, Mobistar  had
3,384,961  active  customers  on  consolidated  level,  compared   to
3,165,120 active  customers  one  year ago.  With  this  result,  the
operator confirms  the  success  of  its  strategic  approach.  As  a
consequence of the decrease in mobile termination and roaming  rates,
and the pressure on prices, the consolidated turnover dropped by 2.7%
(-9.9 million euro). The  operator affirms that  the results for  the
first quarter are in line with the objectives that have been set  for
the year 2008,  despite a  very competitive  market situation.  These
results do not yet take into account the effect of the suspension  of
the latest decrease in the mobile termination rates announced by  the
Brussels Court of  Appeal, nor with  the draft decision  of the  BIPT
regarding MTR.


Mobistar Investor Relations
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